 鲜花( 0)  鸡蛋( 0)
|
--------------------------------------------------------------------------------' t1 q; j. l+ b: w
Below is an Interesting article I found, which says that.....Do not
4 V, V3 d, @0 Nexpect much from Crude Oil producers and future is not with the
( t/ c& {! a9 A7 f3 D6 Ecompanies producing Jet fuels but Biofuels. Also no wonder if some of
: `' N9 X% W( `3 L6 Z bthese oil producer will go bankrupt or out of the business even if
' w( s& v- k+ E( R: O" |crude prices improves. This implies also to good names such as Shell, 0 _! B! Y! l: }7 C4 W2 D
EXXON, BG, BP, Cheveron ....xyz.. oils
# k: c- @3 k0 A6 c9 h" \- v# e/ V% A0 F
Recently OPEC reduced crude oil production twice over just a few
4 ] [9 Z: [9 ~9 R+ umonths. There are three wars going on in Gaza, Iraq and Afghandistan.
) E. K- S$ [ @1 }7 R0 s+ xA year ago these things would have spiked the price of crude oil by at
3 e8 ]4 d- t, T. l# t/ gleast $50.00 per barrel. Today, oil price declined by a record amount.
" ^8 H Y+ _, y( n5 R- w; r) P' X+ q" G
/ T9 `) i2 w6 ?" C
There are several reasons the price of oil is decreasing in the face % D4 p; L4 i; {
of so much news. These reasons are: / K3 t S0 l3 U% a3 [
# @9 `- I( g! n I7 ]8 j
* ~9 `+ u6 h: K1. New oil has been found in Canada, Montana, North & South Dakota and $ w; S. Y' G1 A
in the ocean near Brazil. Each of these oil fields has more oil than + e2 ^# b3 q* D, n0 Z; U
Arabia. 3 u+ U% L( I, k' Z7 e3 ]3 b @( a! C
% @$ L5 M. u& B' U" n7 K" |6 y6 e! Q" C
2. New natural gas has been found in Pennsylvania and West Virginia.
6 I+ O$ M; U! u4 j" H* pThis is the largest find in North America.
% T% K7 ]' Q( z: @0 ?0 ]
5 t4 E) v; \ {% B; A- K; C* s% L6 J( b
3. New methods of injecting CO2 and surfactants into oil wells is & \% E* Y- Q% h" ]' J5 ~+ {- D
being used to double their output.
( a! Q2 n+ O. Y1 Z3 y+ {8 w+ o) ]
! c! I% W- a# a$ }% y! W, c& b- O( T3 _+ L. g- n
4. Production of bio-fuels is beginning to reach critical mass. Bio 9 A4 b/ Q- ?2 b+ k2 b
fuel is being produced from many plants and algae. The production
: ]. z7 [3 o' o$ }1 O" y* \/ s" \potential per acre in some cases is astounding. Many countries are
. g2 R2 h: o. w5 Q; Z! ~racing to produce bio fuels.
+ L2 z2 d3 f" C% M$ n1 X5 t5 ~$ S& }& ?' e% x
, U* U! {8 I/ c ~
5. Virtually every restaurant in the US and all food processing plants
- | A! D& ?0 ~are now selling their used oil to bio-diesel producers. Every pork,
& f: Y6 y& D, z# a9 L' mcattle, turkey and chicken processing plant will soon sell their fat " i5 a' _7 w! v' z x7 F; d0 Y% L
to bio-diesel producers. One pork processing plant in Oklahoma is * b5 l- e9 n, A# ^
producing 30,000 gallons of bio-diesel per day from pork fat.
! x, O- Z$ \ b7 H8 a% e" c) F; s
& X" t6 _ N& t( @' O/ v9 s+ w6. There are 99 nuclear reactors in various stages of planning and 3 T3 _6 O4 B8 R$ [5 N
construction around the world at this time. Several hundred more are
$ c+ w; D2 P! gexpected to be built in the future. Much of the energy they produce
4 T, W0 c/ _' xwill replace oil.
- \7 O5 D% O+ p; m% Y6 d9 s
0 X+ P3 v+ o( d2 n* L3 n$ F7 q3 c
7. Every company in any form of transportaion business is replacing
0 F3 n I/ Q* H# M# O. K7 uolder equipment such as trucks, airplanes, train engines, ships, etc. / K7 p6 W! P7 M8 Q! f2 R, ^
with new more fuel efficient equipment. Airlines and railway companies
: B7 B: N. \) {are experiencing 20% to 25% better fuel econony with the new
5 U) n1 g B( _% e( Y: v1 ]" Hequipment.
; Q4 e+ H' _: M7 U5 p4 c# `
) C& p9 ?' C! u1 U' U7 d4 m# r' @9 H% A% K1 k
Airlines are flying airplanes with bio-fuel. They are finding the bio- 8 u' m4 ]; X& w( |. o6 C
fuel is cleaner and performs better than jet fuel. 2 r+ l4 q- C* r: H) u/ w
1 `" a# o8 C, H6 }
; P: N* J& q" M
8. Cities and counties throughout the US are selling the rights to
" T5 d: V2 g8 V! I1 Lcapture methane gas from landfills. This is a huge source of gas 8 P; H0 ^9 B( O, T: g; v+ \9 n
available at very little cost or risk. The gas is displacing crude " L- Q6 h0 P! R/ E, `
oil.
" j+ |' S# V9 Y5 a/ q( @+ j3 \, W' [$ ~' {
5 |4 o# D' }- W0 C' ]% |
9. Coal is being transformed into a clean burning liquid fuel. The CO2 # j# u+ Z, W8 Q1 ~3 A4 j5 c2 H
produced as a byproduct is sold to oil companies for injection into . }% _: ~, s# m) ~) q0 c3 k
oil wells. ! n7 m( k2 z1 T6 E6 Z( ^2 Z
6 ]+ k7 B& d! d& I3 ]0 m
* E1 ? O! P* v- Y9 d10. Solar, wind and ocean energy is displacing oil as an energy 1 K, I+ J1 P3 C/ q5 L+ q5 t2 R
source. Three new wind turbines are being erected every day in the US.
; F5 y: x6 ?6 t8 J2 V0 |
' P/ o" L. k( i( a; [& h8 X
/ i" ]# r$ p) z7 s* j) d, WEach of the above by itself will not make a large difference in the ; I; E, x9 X( y- G" x" _
price of crude oil but the sum of all of them together is world 0 c3 N# O: p2 A& A
changing. The important thing is that OPEC no longer has the ability , ^, |- _0 L$ I6 @" |9 k
to control oil prices. $ a# \- ^7 X2 N6 C) g3 d
2 H% G6 n9 m% A4 Y( v4 U* j. g' Y
" v- U; s. _/ fWith the above scenario, I still believe that there are under
8 a! Z$ h Z$ f# `, pperformed OIL companies and probably they are yet to get the justified
1 n5 R( _. ?2 E; }value ..... - p+ j+ M: A( u0 |: B( b# g
IAE- Ithaca , EPL Energy Partners Ltd, Opti etc ... * d# d! ?1 W( a q4 R# m) o9 q
$ R$ i; K6 w) I7 P- c
, R3 N* J# r) A W+ C3 }. ~
The above articles are from WSJ .............PUBLISHED ON 9TH JAN 7 |2 S# F# q' H L. g" B% z9 |& i
2009 ... FYI-Only |
|
狗仔卡
发表于 2009-1-13 18:58
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡